CADJPY Triangle Short Trade

CADJPY M30

On M30 timeframe, CADJPY broken the triangle on the lower side. 

Another horizontal resistance area is coming up at 80.35. A break of that brings focus to a major horizontal resistance area coming up at 80.13/15. 



I plan to go short on a break of upper horizontal resistance area at 80.30/25 for a possible move to the lower area. Or on a bounce towards the triangle. 


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CADJPY M30

UPDATE ON 29-Oct 3:47GMT: Pair behaved as expected. As I said before, I went short right at 80.27 and booked my profit at 79.90 area.